Commercial Real Estate from the SEC

NetSuite Expanding Corporate HQ in San Mateo

NetSuite Inc. has amended its lease agreement with EOP-Peninsula Office Park, L.L.C. for its corporate headquarters at the Peninsula Office Park Building 9, which is located at 2955 Campus Drive in San Mateo, CA.

The amended lease will increase the size of NetSuite’s space by 14,154 square feet, effective February 9, 2013.

The company currently leases 79,589 square feet at 2955 Campus Drive. It will now occupy 93,743 square feet. The future base rent payments with respect to the expansion is as follows:

Cassidy Turley brokered the transaction, according to the lease, a copy of which can be found by clicking here.